Kaluza and Mitsubishi launch Japanese joint venture

Energy companies Kaluza and Mitsubishi Corporation have announced the launch of Kaluza Japan, a joint venture to localise and expand Kaluza’s platform for energy retailers and auto companies in the Japanese market.

Kaluza Japan will combine Kaluza’s advanced operating system and energy optimisation technology with Mitsubishi Corporation’s experience and deep market knowledge.

Japan’s energy market boasts a large and sophisticated customer base and strong growth of renewables and EVs.

According to Kaluza in a release, by delivering personalised offerings, billing and low-carbon products, Kaluza Japan will enable energy companies to guide their customers towards a cleaner energy system. The Kaluza platform optimises smart devices, including EVs, to unlock value for retailers and their customers across the UK, US, Australia and more, now with Japan in the mix.

Commented Masanori Kohama, division COO at Mitsubishi Corporation, in a release:

“With increasing renewables penetration coinciding with a shift towards EVs and hybrid vehicles, Japan is ready to embrace innovative energy management solutions.

“We’re proud to be partnering with Kaluza to deliver the solutions that we know energy utilities are looking for. Kaluza’s flexible architecture and global experience makes it extremely adaptable to a complex market like Japan and we’re excited for what’s in store.”

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From its new Tokyo headquarters, Kaluza Japan will build on the existing strategic partnership between Mitsubishi Corporation and Kaluza, strengthening their collaboration and work with established partners Mitsubishi Motors Corporation (MMC) and MC Retail Energy (MCRE), in addition to advancing a strong pipeline of deployments.

Mitsubishi Corporation’s Seiya Konagaya has been appointed to lead the operation as CEO in Kaluza Japan’s new Tokyo office and Kaluza’s Julian Yao will spearhead the entity’s product development as chief product officer.

Kaluza has to date developed partnerships with several notable automakers, such as Mitsubishi Motors, Porsche, Volkswagen Group and Volvo, as well as some of the world’s largest energy retailers including OVO in the UK and AGL in Australia.

Said Jonathan Levy, managing director of US & Japan at Kaluza: “Kaluza and Mitsubishi are longstanding partners and we are excited to bring innovative solutions to complex energy challenges to others in the Japanese market.

“Japan has increased renewable generation and electric vehicle adoption, which provides great opportunities that will benefit from Kaluza’s innovative and flexible software platform.

“Through this joint venture, we will be delivering wins to customers, the grid and the planet.